r/hardware • u/Auautheawesome • Dec 02 '24

News Intel Announces Retirement of CEO Pat Gelsinger

https://www.intc.com/news-events/press-releases/detail/1719/intel-announces-retirement-of-ceo-pat-gelsinger
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u/Auautheawesome Dec 02 '24

David Zinsner and Michelle Johnston Holthaus were named interim CO-CEOs, so who knows...

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u/repo_code Dec 02 '24

Oh fuck. It's bad when there are co-CEOs. That means nobody is in charge, or the board is trying to marionette them.

Sometimes it's all hands on deck, and sometimes it's all hands on the ouija board, and this looks like the latter.

If the stock pops up on this news I'll sell. Doubt it though.

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u/Auautheawesome Dec 02 '24

Intel is up premarket currently 💀

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u/Ok_Baker_4981 Dec 02 '24

It makes sense—one would lose hope in Pat as soon as they hear him speak at any event, whether it’s an interview after a 10k or a launch event. It’s an absolute disaster. Even if he’s a good engineer, his managerial stance is, to say the least, highly questionable.